Symbiosis School of Economics (affiliated with Symbiosis International University), is one of the most famous and reputed private universities in India. It is better than Maharaja Sayajirao University in terms of ranking, exposure and placement opportunities. 

Symbiosis School of Economics:

• Ranked 6th amongst business schools in Outlook 2020
• Ranked 14 amongst India’s Top 50 Deemed Universities by Outlook 2020
• Ranked 73 by NIRF for the overall category 

Maharaja Sayajirao University:

• Ranked 26 amongst India’s Top 70 Public State Universities

Important information about the undergraduate programmes for economics:

The college’s placement cell is active and provides several opportunities for its students. The placement cell prepares the students for recruitment by offering career counselling, workshops and internships with companies like IBM, Axis Bank, Ernest and Young.

Symbiosis School of Economics is a better college in terms of ranking as well as placement opportunities. You can go through the given ranking, placement statistics and course structure before making your decision.

Both the Universities Shiv Nadar University(SNU) and Symbiosis School of Economics both the institutes are good options for pursuing Economics courses.

However, in terms of providing research opportunities, Shiv Nadar University is considered to be a better university than the Symbiosis School of Economics. The department of Economics at SNU currently offers a 4-year program on B.Sc.(Research) in Economics and a minor in Economics to students majoring in other disciplines. While on the other hand, Symbiosis School of Economics offers a 3 years B.Sc. (Economics) Honors program.

Economics Society at SNU is also an active space that facilitates, supports, and organizes events and conversations about the economic, political, and social issues.

Given below is a comparison between the Economics course offered by Shiv Nadar University(SNU) and Symbiosis School of Economics.

Symbiosis School of economics has a traditional approach towards academics. Also, SSE is known more for business-related courses. Whereas SNU is reputed for its Economics courses.

This course teaches students about how the industries function and what their purpose will be. The course trains students to be industry-ready. Students are familiarized with concepts of economics, mathematics, finance, health care, real estate, education, politics, and many more.

The table given below shows a brief overview of both the institutes:

Placements: Students were also provided with summer internships which helped them to gain knowledge of how the industry works. Companies like QED Baton, Bharat Forge Ltd., HDFC Bank, ICICI Prudential, Zephyr Financial Publishers Ltd., WTC, etc.

Career Scope: Students can specialize in Finance, Business, or Economics in their final year. Students graduating from Economics can -

• Get their postgraduate degree in Management or Economics.
• Get jobs in finance and business industries.
• Become a market analyst and research analyst.
• Work in business media.

Most students prefer DU colleges than Symbiosis School of Economics. The main reason being the affordability and popularity. DU colleges are a much more reputed institution than the Symbiosis School of Economics. Placements are better in DU colleges than Symbiosis School of Economics.

NMIMS Bengaluru is a private university offering various courses at UG, PG level in various specializations. It achieved 7th rank as the best university by Business Today and offers above 85% placement every year.

Symbiosis School of Economics has been ranked the 6th best college among leading business schools in India by Outlook 2020. This college is the home of economics and offers nearly 99% placements to the deserving students.

The table below gives a brief overview of both institutes:

Admission in NMIMS Bengaluru is as follows:

• Candidates should have a minimum of 50% marks from any recognized university.
• The admission to the BSc in Economics course is based on the marks obtained in NPAT, CLAT/LSAT, and NMAT tests.
• The final selection includes a personal interview conducted by the institute.

Admission in Symbiosis School of Economics is as follows:

• The candidates should have a minimum of 50% marks from any recognized university.
• The admission to the BSc in Economics course is based on the marks obtained in SET tests.
• The final selection includes a personal interview and written ability test conducted by the institute.

The Symbiosis School of Economics is preferable to NMIMS Bangalore for pursuing BSc in Economics. The location is in Pune which has a very friendly climate and the course is designed in such a way that you will get to know more about the world.

For taking admission into B.Sc Economics program in Symbiosis, the applicants have to go through the SET or the Symbiosis Entrance Test followed by PI and WAT. The selection for Masters in Economics is done only based on the performance of the candidate in PI and WAT.

The Written Ability Test (WAT) is generally easy, students are required to write an essay on a given topic related to the current affairs, politics, sports, education, etc. It consists of the following subjects.

• English: It comprises synonyms and antonyms, reading comprehension, dictionary meaning of different words, correct grammar usage, etc.
• Quantitative Aptitude: This section includes geometry, algebra, and statistics.
• General Awareness: This part comprises questions from the field of business, health, legal area, etc.
• Analytical and Logical Reasoning: It consists of coding and decoding, data interpretation, true and false, etc.

In the personal interview questions like the following are asked -

• Who was the Indian economist to achieve a noble prize in economics for his theory?
• What is an indifference curve?
• What do you think of the current economic problem which is a hindrance to the development of India? How do you think you can solve it?
• What is foreign exchange?

The PI is followed by a group discussion that also deals with similar topics. The panel chooses students who stand out and are confident with their version or views on the topic.

Preparation Strategies:

Preparation strategies to adopt while studying for the entrance exam of Symbiosis School of Economics are discussed below:

• You should have a proper understanding of the syllabus for the entrance exam.
• Go through the previous year’s questions and sample papers and make yourself familiar with the exam pattern.
• Take the help of Reference books for Symbiosis Entrance test, like -
  • Quantitative Aptitude for Competitive Examinations - R.S. Agarwal.
  • Mental Aptitude - Shubhkamna Publications.
  • Data Interpretation and Logical Reasoning - Arun Sharma.
  • NCERT from classes 9-12.
• Attempt online Test series like Symbiosis Entrance Test 2018, Mock Tests Symbiosis Exam 2020, Mock Tests SET 2018, Everything about Symbiosis, SET.
• Take mock tests, it will help you understand the exam pattern. Many websites provide free mock tests.

Shiv Nadar University is the youngest institution ranking among the top 100 overall NIRF rankings for three years. It offers high-quality education at various levels and maintains 94% placements every year.

Symbiosis School of Economics has been ranked the 6th best college among leading business schools in India by Outlook 2020. This college is the home of economics and offers nearly 99% placements to the deserving students.

The table below gives a brief overview of both institutes:

The admission process at Shiv Nadar University is as follows:

• The candidates having a valid JEE score or a minimum of 50% marks in 10+2 can apply for an undergraduate program.
• The selection is made based on SNUSAT, APT scores for UG programs.
• For admission in PG courses, the final selection is made on the marks scored in CAT/XAT/GMAT/NMAT tests.
• The university also conducts SMAT, which is followed by an interview.

The admission process in Symbiosis School of Economics is as follows:

• The candidates should have a minimum of 50% marks from any recognized university.
• The admission is based on the marks obtained in SET tests.
• The final selection includes a personal interview and written ability test conducted by the institute and performance in the PIWAT test.

Since Economics is a demanding course, getting admission in any of these colleges is very prestigious. Both these colleges provide top-quality education. However, the Symbiosis School of Economics is preferable over Shiv Nadar as it has an excellent campus and curriculum. The placements are maintained above 90% every year, and being in Pune’s location has pleasant weather for the students.